On Automation

Here’s some articles on automation, as it seems like a topic many liberals and leftists get wrong.

“[I]f robots were taking over, there would be plenty of additional evidence in the economic data. Businesses would be investing more, in order to build and install the robots. College-educated workers (who build and run the robots) would see a growing wage premium. And most importantly, labor productivity would be accelerating, as the amount of human labor shrank and machines assumed more tasks. Yet none of that is happening.”

https://www.bloomberg.com/opinion/articles/2019-09-10/taxing-robots-is-a-great-way-to-make-people-poor

“Automation broadly defined has actually been slower over the last 10 years or so”

https://www.epi.org/publication/the-zombie-robot-argument-lurches-on-there-is-no-evidence-that-automation-leads-to-joblessness-or-inequality/

“[T]he so-called risk posed by automation isn’t all downside — it has considerable upside as well.”

https://www.bloomberg.com/opinion/articles/2018-11-01/don-t-expect-robots-to-take-everyone-s-job